LUMA Opportunity Highlights slide image

LUMA Opportunity Highlights

STRONG CREDIT RATINGS ATCO Ltd. A (low) Stable Canadian Utilities Limited (CU) A Stable A (high) Stable DBRS CU Inc. ATCO Ltd. A- Negative S&P Global Ratings Canadian Utilities Limited A- Negative CU Inc. A- Stable INVESTOR PRESENTATION FEBRUARY 2021 10 "ATCO's rating is supported by the credit strength of CU, which is an intermediate holding company with a sizable portion of low-risk, well-diversified regulated businesses that has generated strong and predictable cash flows." "Our view of ATCO's business risk profile as excellent has not changed, largely reflecting the Company's lower-risk regulated electric and natural gas utility operations, large customer base, regulatory and geographic diversity, and effective management of regulatory risk." CANADIAN ATCO CUTILITIES LIMITED An ATCO Company
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